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> Also, I was going to mention this about the 2 point trailer, but now you
> have even talked about a 1 point trailer. This is impossible to trade
> off the floor. Have you ever tried to update stops with your broker
> with a tight trailer like this? He'll kill you after a week because his
> broker will threaten to quit unless you are trading 25 lots or more.
Okay I see your point and I also understand Tom's explanation of
how TS interprets daily data and how this can severely distort
the results.
> Watch the market one busy day, it comes off intraday highs and lows so
> fast you won't even have picked up the phone when it is off by 1 point.
> Can you say SLIPPAGE!!
>
> BTW, I think 10 losers in a row is reasonable in daytrading and I'll
> definitely take a look at this. Thanks again for sharing.
Great replies guys !
thanks for the insight
I would appreciate any feedback from anyone that runs this on tick
data
Thanks
Alan Sears
>
> Good Luck,
> Eric
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